Paytm parent One97 Communications widens FY19 losses as expenses shoot up

Shweta Sharma

Noida-based One97 Communications, the parent company of digital payments platform Paytm, widened its losses more than two-fold ....

2 December, 2019

SoftBank-backed ride sharing unicorn Ola halves FY19 losses

Supriya Roy

Ride sharing unicorn Ola’s losses narrowed by 57% amidst several media reports about employee layoffs ahead of its reported ....

2 December, 2019
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Shared mobility startup Vogo widens FY19 losses; expenses shoot up to Rs 46.3 crore

Supriya Roy

Scooter sharing startup Vogo Automotive widened losses to Rs 39.2 crore in financial year 2018-2019 against Rs 3.3 crore a year ....

15 November, 2019

Rebel Foods doubles FY19 expenses in bid to stay ahead in the cloud kitchens game

Shashank Didmishe

Mumbai-based Rebel Foods, which operates cloud restaurant brands such as Faasos and Behrouz Biryani, nearly doubled its spends ....

15 November, 2019

Netflix India grows FY19 revenues four-fold; expenses shoot up 700%

Shashank Didmishe

An aggressive focus on original and localised content seems to have caused a huge jump in expenses at Netflix India, the domestic ....

11 November, 2019

In Numbers: India is unicorn country

Anand J

India is home to the most number of unicorns — private firms valued a billion dollars or more -- in the world after China ....

8 November, 2019
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India’s tech startups could be worth $390 bn in six years: Nasscom

Anand J

India’s technology startups could command a combined valuation of up to $390 billion by 2025 and generate more than a million ....

5 November, 2019

From unicorn to distress sale: The ShopClues journey

Payal Ganguly

On Thursday, Clues Network, owner of ecommerce marketplace ShopClues, announced its merger with Qoo10, a Singapore-based ecommerce ....

1 November, 2019

Costs swell at Flipkart, Amazon as ecommerce rivals woo Bharat consumers

Shashank Didmishe

The ongoing rivalry between Walmart-owned Flipkart and Seattle headquartered Amazon for dominance in share in India’s booming ....

31 October, 2019

Walmart-owned PhonePe widens FY19 losses; raises $57 mn via rights issue

Shashank Didmishe

Walmart-owned digital payments firm PhonePe reported a three-fold growth in revenues for the financial year 2018-19 but the gain ....

30 October, 2019
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Walmart-backed Flipkart widens FY19 losses

Supriya Roy

Flipkart Internet, the entity that operates Walmart-owned e-commerce major Flipkart’s retail marketplace, widened its losses ....

29 October, 2019

Amazon Wholesale FY19 revenues down 8%; Losses at retail ecommerce arm narrow

Shashank Didmishe

Amazon Wholesale India, the local B2B arm of Seattle headquartered ecommerce major Amazon, reported an 8% decline in revenues ....

29 October, 2019

SEC, SEBI initiate probes into Infosys over whistleblower complaints

Anand J

Markets regulators Securities and Exchange Board of India (SEBI) and the Securities and Exchange Commission (SEC), for India and ....

24 October, 2019

How Sachin Bansal is spending his $1 bn-plus Flipkart fortune

Supriya Roy

After selling his stake in Flipkart, the ecommerce firm he founded with IIT Delhi buddy Binny Bansal over a decade ago, Sachin ....

10 October, 2019

Scaling innovation has helped tech leaders double revenue: Accenture

Vignesh Ananthraj

Companies that scale innovation more often generate close to double the revenue growth when compared to companies that don’t, ....

3 October, 2019

Tencent joins investor consortium to pump $585 million into Udaan

Shweta Sharma

Hiveloop Technology, the Bengaluru based company that owns B2B ecommerce platform Udaan, has raised $585 million in a growth funding ....

3 October, 2019

Video, variety and vernacular: 3 Vs that make up India’s online content appetite

Supriya Roy

Video-based content is becoming the most preferred in India with more than 68% choosing it over text-based content. Vernacular ....

1 October, 2019

Era ends at Alibaba as Jack Ma steps down

Shweta Sharma

Jack Ma stepped down as chairman of Chinese retail behemoth Alibaba today, and the ecommerce conglomerate will now be run by chief ....

10 September, 2019

Customers prefer interacting with chatbots, voicebots: Capgemini

Vignesh Ananthraj

Most consumers now prefer interacting with chatbots and voicebots compared to real human interactions, according to a new Capgemini ....

6 September, 2019

Analytics is the trump card to crack India’s OTT market: Rajneel Kumar, ZEE5

Vignesh Ananthraj

Mumbai-based ZEE5 is one among nearly 40 OTT platforms vying for viewer attention in a market that’s projected to grow to ....

4 September, 2019

IoT attacks up 22% in one quarter: Subex

Vignesh Ananthraj

Attacks on Internet of Things (IoT) devices rose 22% in just one quarter with many IoT projects being targeted in the beginning ....

12 August, 2019